It's just that most users they lost went from "I use Facebook" to "I don't want to use Facebook, but kinds still have to" (because friends, family etc.).
All people below 40y I know which have Facebook fall more or less in the second category...
I fall into a 3rd category: I used to log into FB once a month or so to check in. For some reason, they decided I was a fake account (despite working for them for 4.5 years) and asked for my ID. The resolution on my 10-year-old MBP was too low for FB's contractors so they rejected my ID 3 times and I seem to now be locked out of my account indefinitely.
Definitely in the top 10 best thing to ever happen to me.
I was locked out of amazon almost a year ago because of some security issue blah blah!!! I never tried to unlock the account and I am OK living in a world where I don't need to deal with that monster!
hmm, don't they require you to use your personal facebook account to log into their facebook for work system as an employee? ( Am I just misremembering? )
Bingo. I'm done. It's over. No matter how much I want to hop on and rage about the current issue of the day, I just can't and it's not worth pinging my former teammates there for the Nth time trying to fix it.
There's even a metric for that: Daily Active Users. I bet Facebook does not publish that number (or the historical values for it). I bet that number has been going down lately, at least for North American users. There's a reason they changed their name.
It's really ONLY the daily users that are dropping, everything else is still going up:
> But not all growth trends were negative. The company’s family of apps, which encompass Instagram, WhatsApp, and Messenger continued to modestly add users. The number of users logging in monthly to Facebook continued to grow, even as the number of daily users dropped.
What's interesting is that it seems like Facebook isn't counting Messager users as Facebook users and that more users are actually using Facebook every month, just not as frequently as before.
The weird bit is that a drop that small and cause Facebook/Meta to lose that much value. The stock market either reads the news like HN does, or Facebook is a lot more fragile that I would have guessed.
That also would be skewed imho. I use messenger to communicate with my family and I do click on facebook links they sends me but that's about it - am I an active user?
I don't think DAUs would necessarily tell the full story for Facebook. Browsers still get pointed to Facebook a few times a day, but I bet the depth of engagement is a fraction of what it used to be.
It's just that most users they lost went from "I use Facebook" to "I don't want to use Facebook, but kinds still have to" (because friends, family etc.).
All people below 40y I know which have Facebook fall more or less in the second category...